Wellbeing gender budgets combine the analysis of institutions' budgets from a double perspective: gender and wellbeing. This paper applies the wellbeing gender budget approach to institutions that affect education, which can be considered as a basic capability with positive effects not only on other dimensions of wellbeing but also on gender equality. Two tertiary education institutions provide the focus: the University of Modena and Reggio Emilia, in Modena, Italy; and Pablo de Olavide University, in Seville, Spain. The phases in the analysis are described together with the main results obtained, which lead to the planning of further research activities and policy implications.